IG explains how it makes money
IG decided to explain how the company makes money so that customers understand: there is no catch in cooperation. The broker receives the main income from spreads, other fees make up only a small part of the income. Bid and Ask are taken into account in the cost of any transaction, so traders always buy a little higher than the market price and sell a little lower due to spreads.
The broker's official website says: “We want traders to conclude deals on favorable terms. Customer interests are at the heart of the entire business model. ” According to company representatives, relationships with customers are built on the basis of trust. The broker tries to provide clients with all the necessary tools to maintain a comfortable trading.
The broker honestly points out that in addition to spreads, there are other fees:
- for lack of activity;
- for currency conversion;
- "night" fees.
IG is not interested in the losses of clients, as it is aimed at long-term cooperation with them. You can find out more about the conditions for working with this broker, all the pros and cons, by reading the IG review on our portal.